For a growing number of companies, the Internet of Things (IoT) is fast becoming a reality rather than just a concept, and they’re beginning to see early returns.
Songa Offshore, an international midwater drilling contractor with a strong presence in the North Atlantic basin, is a case in point. For the company, which operates a fleet of semi-submersible rigs, conducting efficient drilling operations without compromising the health and safety of workers or having a negative impact on the environment is a key goal.
Long-term asset management and maintenance is also a top priority, because downtime and equipment reliability directly affect overall results, said Mark Bessell, COO at Songa.
To monitor asset performance and help boost efficiency, the company has connected IoT sensors to 600 assets on each of four rigs throughout the North Atlantic Basin, using an IoT platform from enterprise applications developer IFS.